Heineken (OTCMKTS:HEINY) Upgraded at Zacks Research

Zacks Research upgraded shares of Heineken (OTCMKTS:HEINY) from a hold rating to a strong-buy rating in a research report report published on Thursday,Zacks.com reports.

HEINY has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Heineken in a research note on Thursday, February 12th. BNP Paribas Exane lowered shares of Heineken from an “outperform” rating to a “hold” rating in a report on Monday, January 12th. Citigroup reaffirmed a “buy” rating on shares of Heineken in a report on Thursday, February 12th. Oddo Bhf lowered Heineken to a “neutral” rating in a report on Monday, January 26th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Heineken in a research report on Thursday, February 12th. Four investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Heineken Stock Performance

Shares of OTCMKTS HEINY opened at $46.22 on Thursday. Heineken has a 1 year low of $38.00 and a 1 year high of $47.63. The firm has a 50-day simple moving average of $42.06 and a two-hundred day simple moving average of $40.62. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.51.

Heineken Company Profile

Heineken N.V. is a global brewing company best known for its flagship Heineken lager and a diversified portfolio of international and local beer brands. The company’s activities span brewing, marketing and distribution of beer and cider products, serving on‑trade and off‑trade channels as well as e‑commerce. Heineken combines global brand management with local production through a network of owned breweries, joint ventures and licensed partners to reach consumers across different markets.

Founded in Amsterdam in 1864 by Gerard Adriaan Heineken, the company has grown into one of the world’s largest brewers.